According to the International Iron and Steel Institute (IISI), total world crude steel production was up 5.6% from the same period in 2007.
Growth in the EU and CIS was flat while North America grew production grew 2.5%. Asia grew at 8.7% led by China’s growth of over 4 million metric tons or 10.2%.
On an annualized basis, China’s rate of production growth is 11.0%, down from 20.6% in the same period in 2007. China remains the world’s largest producer of steel, making more than the EU, CIS and North America combined.
For more information, see the IISI website at www.worldsteel.org.